Salesforce, Inc. (CRM)
252.85 USD +9.70 (+3.99%) Volume: 12.41M
Salesforce, Inc.’s stock price surged to $252.85, marking a trading session increase of +3.99% with a trading volume of 12.41M, despite a year-to-date percentage change of -3.91%, indicating a resilient performance in the stock market.
Latest developments on Salesforce, Inc.
Recent events have been impacting the stock price of Salesforce.Com Inc. Odaseva secured $54M for its Salesforce data protection platform, while Salesforce COO Brian Millham sold shares worth $495,621. Despite concerns about undervaluation, partnerships with Hibbett and Walmart GoLocal for same/next day delivery have been established. Insider trading activities include Salesforce CTO Harris Parker selling shares worth over $675k and Oscar Munoz buying $500K of Salesforce stock. Vidyard also added Salesforce Pardot support to its platform. With mixed signals such as shocking revenue misses and insider buying activities, investors are left wondering if Salesforce stock is a buy or should be avoided.
Salesforce, Inc. on Smartkarma
Analysts on Smartkarma have provided bullish coverage of Salesforce.Com Inc, with reports from Tech Supply Chain Tracker and Baptista Research highlighting the company’s strong performance and growth. Tech Supply Chain Tracker‘s report discusses how AI is driving sustainability and innovation in the tech industry, with major players like Nvidia, AMD, Google, and Apple making significant investments in AI technologies. Meanwhile, Baptista Research’s reports focus on Salesforce’s revenue growth, market share leadership, and transformation in artificial intelligence, emphasizing the company’s positive outlook and potential for future success.
Overall, the sentiment from analysts on Smartkarma regarding Salesforce.Com Inc is optimistic, with a focus on the company’s financial performance, strategic acquisitions, and technological advancements. Reports from different providers highlight Salesforce’s consistent revenue growth, market dominance, and innovative initiatives in AI technology. Investors and stakeholders can gain valuable insights from these research reports on Smartkarma to make informed decisions about their investments in Salesforce.Com Inc.
A look at Salesforce, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Salesforce.Com Inc has a positive long-term outlook. With a high Momentum score of 4, the company is showing strong growth potential and market performance. Additionally, scoring a 3 in both Value and Growth, Salesforce.Com Inc demonstrates a solid foundation for future success in terms of both financial health and expansion opportunities. Its Resilience score of 3 indicates the company’s ability to withstand economic downturns and market fluctuations, further supporting its overall positive outlook.
Salesforce.Com Inc, a provider of software on demand, offers a customer relationship management service to businesses worldwide. By supplying a technology platform for customers and developers to build and run business applications, the company plays a crucial role in helping clients manage their customer, sales, and operational data. With a diverse range of Smartkarma Smart Scores, including a strong Momentum score of 4, Salesforce.Com Inc is positioned for continued growth and success in the ever-evolving tech industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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